Plasma’s XPL Rebounds Amid Controversy

[cryptohog]

Plasma’s native token, XPL, jumped nearly 15% after founder Paul Faecks addressed allegations of token sales and ties to controversial projects. Faecks clarified that all team and investor tokens are locked for three years, with a one-year cliff, and only three team members had prior involvement with Blast.

Despite lingering skepticism, the statement temporarily boosted XPL from $0.88 to $1.01. The market now watches whether the token can sustain its recovery.

[Pitchfork_IS_power]

A 15% bounce on XPL after the founder’s clarification shows how sensitive the market is to transparency 🟢 Lockups and reduced Blast ties may calm concerns, but the real test is whether momentum holds above $1 in the coming days

[The_Walking_Dead]

That +15% rebound really highlights how much sentiment swings on transparency news. If XPL can stay above $1 with consistent volume, it could mark the start of a stronger recovery trend .

[Couturier]

XPL’s quick rebound shows how powerful clear communication can be in crypto. If confidence holds and price stabilizes above $1 with steady volume, this could be the start of a real turnaround

[Swipe]

Transparency clearly moves markets — that +15% bounce shows how fast sentiment can flip. If XPL keeps momentum above $1, this might be the beginning of a stronger bullish phase

[Trader Tilki]

@cryptohog Good work mate.

[kelson10]

Faecks clarified that all team and investor tokens are locked for three years, with a one-year cliff, and only three team members had prior involvement with Blast.️️️